Galaxy Digital has launched an institutional over-the-counter prediction-markets desk, opening the service with a $10 million event swap tied to the Digital Asset Market Clarity Act. Summary Galaxy launched an institutional OTC prediction-markets desk with a $10 million event swap with Arca. The first trade allows Arca to take a position on whether the CLARITY…
In crypto news today (June 2), the market has gone into a mini-meltdown as Bitcoin crashed below $70,000 in this European morning trading session, falling by -3.8% overnight. The crash caused more than $766M in daily liquidations, with over $600M of that figure being long trades. This price action hasn’t been helped by ETF flows,…
The WonderFi acquisition gives Robinhood regulated crypto operations in Canada and expands its workforce and customer network. Robinhood Markets has completed its $180 million acquisition of WonderFi, a Toronto-based provider of digital asset products and services. With the deal, Robinhood is entering the Canadian market by acquiring an established operator of regulated crypto exchanges….
Crypto-backed political groups have expanded their election spending as several US primaries test the industry’s influence in Congress. Summary Crypto-backed PACs have increased spending in US congressional primaries as digital asset policy becomes a key election issue. FEC filings show Protect Progress spent millions supporting Democratic candidates in California, New Jersey, Maryland, and New York….
In XRP news today, the company has launched its USD-backed stablecoin RLUSD in Turkey through partnerships with three local platforms, BiLira, Bitexen, and Bitlo, giving Turkish users direct access to a regulated, dollar-denominated digital asset for the first time via the RLUSD product specifically. RLUSD has reached $1.7Bn in market capitalization since its late 2024…
XRP was even surpassed by USDC as the fifth-largest crypto. Ripple’s native cross-border token has not been spared by the overall market-wide calamity that has only worsened today, with a fresh nosedive to a multi-month low. What’s particularly interesting about XRP’s crash toward $1.20 is that it comes on the token’s 14th birthday. XRPUSD…
Brazil’s central bank has added mandatory independent audits to the licensing approval process for crypto service providers in the country. Summary Brazil’s central bank will require crypto service providers to submit independent audit reports when applying for or renewing licenses. The audits will review anti-money laundering controls, customer asset segregation, risk management systems, and employee…
Mt. Gox has transferred approximately $739M in Bitcoin to a new wallet, a move confirmed by on-chain monitoring firms Arkham Intelligence and Whale Alert, who traced the transaction to cold storage addresses linked to the defunct exchange’s 2011–2014 holdings. The transfer signals the continuation of the long-awaited Bitcoin repayment process for creditors who have been…
“This old meme coin is about to do something insane,” one X user predicted. The largest meme coin by market capitalization has followed the broader crypto market’s decline, but that hasn’t stopped analysts from making bullish price predictions. Several technical indicators reinforce the optimistic outlook, suggesting bearish pressure may soon ease. Rebound Incoming? As…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Market volatility boosts interest in simplified AI compute platforms like SHRMiner as traders seek alternative exposure. Summary Bitcoin volatility is pushing some investors toward automated platforms that offer alternatives to active trading. SHRMiner aims…
